EPR Properties (NYSE:EPR) Given Consensus Recommendation of “Hold” by Brokerages

EPR Properties (NYSE:EPR) has earned a consensus rating of “Hold” from the nine ratings firms that are currently covering the firm, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $50.75.

A number of equities analysts have recently weighed in on EPR shares. Wells Fargo & Company upped their price target on shares of EPR Properties from $45.00 to $52.00 and gave the stock an “underweight” rating in a research note on Monday, March 10th. Stifel Nicolaus increased their target price on shares of EPR Properties from $51.00 to $52.00 and gave the stock a “hold” rating in a research report on Thursday, February 27th. Truist Financial increased their target price on shares of EPR Properties from $46.00 to $51.00 and gave the stock a “hold” rating in a research report on Tuesday, March 18th. Finally, Royal Bank of Canada increased their target price on shares of EPR Properties from $50.00 to $58.00 and gave the stock an “outperform” rating in a research report on Thursday, March 6th.

Insider Activity at EPR Properties

In other EPR Properties news, SVP Brian Andrew Moriarty sold 2,500 shares of the firm’s stock in a transaction dated Monday, March 17th. The shares were sold at an average price of $51.99, for a total transaction of $129,975.00. Following the completion of the transaction, the senior vice president now owns 15,299 shares in the company, valued at $795,395.01. This trade represents a 14.05 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Tonya L. Mater sold 3,120 shares of the firm’s stock in a transaction dated Monday, March 17th. The stock was sold at an average price of $51.90, for a total transaction of $161,928.00. Following the transaction, the chief accounting officer now owns 46,827 shares of the company’s stock, valued at approximately $2,430,321.30. This represents a 6.25 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 9,520 shares of company stock worth $502,581. Company insiders own 2.13% of the company’s stock.

Institutional Trading of EPR Properties

Several hedge funds have recently modified their holdings of the company. Charles Schwab Investment Management Inc. increased its holdings in shares of EPR Properties by 4.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,349,900 shares of the real estate investment trust’s stock valued at $66,199,000 after purchasing an additional 54,567 shares in the last quarter. Algert Global LLC increased its holdings in shares of EPR Properties by 58.6% in the third quarter. Algert Global LLC now owns 140,626 shares of the real estate investment trust’s stock valued at $6,896,000 after purchasing an additional 51,980 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of EPR Properties in the fourth quarter valued at approximately $352,000. JPMorgan Chase & Co. increased its holdings in shares of EPR Properties by 35.7% in the third quarter. JPMorgan Chase & Co. now owns 673,117 shares of the real estate investment trust’s stock valued at $33,010,000 after purchasing an additional 177,061 shares in the last quarter. Finally, Kestra Private Wealth Services LLC increased its holdings in shares of EPR Properties by 1.8% in the fourth quarter. Kestra Private Wealth Services LLC now owns 13,739 shares of the real estate investment trust’s stock valued at $608,000 after purchasing an additional 249 shares in the last quarter. Institutional investors and hedge funds own 74.66% of the company’s stock.

EPR Properties Trading Down 0.5 %

NYSE EPR opened at $51.35 on Friday. EPR Properties has a 1-year low of $39.66 and a 1-year high of $54.25. The company has a current ratio of 7.81, a quick ratio of 7.81 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $3.91 billion, a PE ratio of 22.23 and a beta of 1.72. The firm’s fifty day simple moving average is $49.21 and its 200-day simple moving average is $47.27.

EPR Properties (NYSE:EPR) last posted its quarterly earnings results on Wednesday, February 26th. The real estate investment trust reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.56. EPR Properties had a net margin of 28.87% and a return on equity of 8.22%. The business had revenue of $149.12 million for the quarter, compared to the consensus estimate of $161.25 million. As a group, sell-side analysts anticipate that EPR Properties will post 4.65 earnings per share for the current fiscal year.

EPR Properties Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be paid a $0.295 dividend. This represents a $3.54 annualized dividend and a dividend yield of 6.89%. The ex-dividend date is Monday, March 31st. This is a boost from EPR Properties’s previous monthly dividend of $0.29. EPR Properties’s dividend payout ratio (DPR) is presently 221.25%.

EPR Properties Company Profile

EPR Properties (NYSE:EPR) is the leading diversified experiential net lease real estate investment trust (REIT), specializing in select enduring experiential properties in the real estate industry. We focus on real estate venues that create value by facilitating out of home leisure and recreation experiences where consumers choose to spend their discretionary time and money.